BrewBilt Brewing Company Stock Forecast

Big movements in BrewBilt Brewing Company stock price on Friday moving 100.00% between high and low
(Updated on May 17, 2024)

BRBL Signals & Forecast

The BrewBilt Brewing Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.00008571 and $0.00008294. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, May 16, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Sell

Special Signal Notification

Double Top Formation

Support, Risk & Stop-loss for BrewBilt Brewing Company stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.00005 between high and low, or 100.00%. For the last week the stock has had daily average volatility of 4,020.00%.

Our recommended stop-loss: $0.000096 (-4.00%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (BRBL) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect BrewBilt Brewing Company to open at $0.00008333, and during the day (based on 14 day Average True Range), to move between $0.00005406 and $0.0001, which gives a possible trading interval of +/-$0.00004594 (+/-45.94%) up or down from last closing price. If BrewBilt Brewing Company takes out the full calculated possible swing range there will be an estimated 91.89% move between the lowest and the highest trading price during the day.

Is BrewBilt Brewing Company stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for BrewBilt Brewing Company stock to perform well in the short-term.

Current score: 1.709 Buy Candidate Unchanged

Predicted Opening Price for BrewBilt Brewing Company of Monday, May 20, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.